OFF MARKET

7 Port Germein Road
Solomontown SA 5540

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 573m2
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Property Details for 7 Port Germein Rd, Solomontown

7 Port Germein Rd, Solomontown is a 1 bedroom, 1 bathroom House. The property has a land size of 573m2.

Building Type
House
Land Size
573m2
Local Government
Port Pirie
Lot/Plan
A8/D1487

Last Listing description (August 2024)

A great opportunity to purchase a solid investment. Property comprises of a large reception / showroom space with 2 A/C, two offices or storage spaces. A toilet and shower area and a kitchenette/ lunchroom.

The spacious workshop is approx. 17.8 meters x 14meters with a large roller door front and rear, great access for trucks, boats caravans. Good amount of off-street parking and has a carport approx. 8.8 x 11.8 meters.

Other features include 20kw solar , 3 phase inverter, Numerous 3 phase power outlets and Security system.

Leased out until 14th of April 2025

Returning $24,000 per annum exclusive to GST

Allotment size approx. 1,110. Square meters, frontage approx. 30 meters and a depth of 37meters.

RLA 172 571

Property Code: 3820

Property History for 7 Port Germein Rd, Solomontown, SA 5540

A timeline of how this property has performed in the market
  • 29 Jul 2024
    Listed for Sale UNDER CONTRACT
  • 15 Apr 2024
    Listed for Sale Not Disclosed
  • 24 Apr 2008
    Listed for Sale 130000

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About Solomontown 5540

The size of Solomontown is approximately 4.3 square kilometres. It has 8 parks covering nearly 37% of total area. The population of Solomontown in 2011 was 1,064 people. By 2016 the population was 1,101 showing a population growth of 3.5% in the area during that time. The predominant age group in Solomontown is 40-49 years. Households in Solomontown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Solomontown work in a labourer occupation. In 2011, 63.9% of the homes in Solomontown were owner-occupied compared with 61% in 2016.

Solomontown has 806 properties. Over the last 5 years, Houses in Solomontown have seen a 113.73% increase in median value. As at 31 October 2024:

  • The median value for Houses in Solomontown is $225,941 while the median value for Units is $229,466.
  • Houses have a median rent of $340.
There are currently 4 properties listed for sale, and no properties listed for rent in Solomontown on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Solomontown.

Suburb Insights for Solomontown 5540

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.